Unformatted text preview: Hint: Relate this to the gamblers ruin problem. 6. Solve 5.73 (5.73) from textbook. (Do parts (a) and (c) only.) Problem 7 is an optional question, those who solve it will get extra credits. 7. Solve 5.12 (5.12) from textbook. Note : 5.8 (5.7) implies problem 5.8 from the ninth edition which is the same as 5.7 in the eighth edition....
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- Fall '04
- Probability theory, Gambler's ruin